For Sale
HotHot
Multi family home for sale at 8668 Lakeshore Dr, Rutledge, TN 37861 | MLS# 3499724 | Listing updated on 2026-08-07
Photo 1 of Multi family home for sale at 8668 Lakeshore Dr, Rutledge, TN 37861 | MLS# 3499724 | Listing updated on 2026-08-07
Photo 2 of Multi family home for sale at 8668 Lakeshore Dr, Rutledge, TN 37861 | MLS# 3499724 | Listing updated on 2026-08-07
Photo 3 of Multi family home for sale at 8668 Lakeshore Dr, Rutledge, TN 37861 | MLS# 3499724 | Listing updated on 2026-08-07
Photo 4 of Multi family home for sale at 8668 Lakeshore Dr, Rutledge, TN 37861 | MLS# 3499724 | Listing updated on 2026-08-07
56+
Beds Icon

Street View

$699,000

Monthly Est:$3,479

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon1,248sqft

8668 Lakeshore Dr, Rutledge, TN 37861

$3,479/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 2025

  • $-- HOA

  • -- sqft lot

  • $560/sq.ft

Description

Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.

  • Houzeo last checked: 8 minutes ago
  • Listing updated: August 7, 2026 at 7:41 pm
  • Listing Provided by: Randy Hobbs (865) 973-7546 DRE #328845 | Wallace (865) 342-4200
  • Source: Nashville (RealTracs Mid) MLS-TN as distributed by MLS GRID | MLS#: 3499724 Nashville (RealTracs Mid) MLS-TN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Grainger County, Tn

  • City

    Rutledge

  • Neighborhood

    --

  • Year Built

    2025

  • HOA Fees

    -

  • Finished Area

    1,248 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Nashville (RealTracs Mid) MLS

  • MLS Number

    3499724

  • MLS Status

    Active

  • Days on Market

    84

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Heating

    Electric, Heat Pump

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 2025

  • Home type

    Multi Family

  • Roof

    Metal

  • Construction Materials

    Frame, Other

Utilities & Energy

  • Utilities

    Electricity Available

Price History

DateEventPrice

08/06/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3336263

Listed for Sale

$699,000

$560/sqft

Based on information from Realtracs® through Oct 31, 2026, 09:45AM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736

Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.

Skip to Main Content